10 Cheap Stocks to Buy Under $10.00

Good morning- While the S&P 500 as a whole is expensive, there are still a handful undervalued stocks that are trading at less than $10.00 per share Good Morning - The P/E ratios of most S&P 500 companies look very expensive and the market is again hitting new all-time highs (despite COVID-19), making it very difficult to find cheap stocks to buy now. This goes for both share price, since most stocks are trading higher on a per-share basis, and valuation relative to earnings. Right now, the typical S&P 500 company is trading at about 28 times forward-looking earnings. Historically, S&P 500 companies have traded at about 15 times earnings in more normal markets. While the S&P 500 as a whole is expensive, there are still a handful undervalued stocks that are trading at less than $10.00 per share. Opportunities for value exist if you know where to look. Putting together a list of cheap stocks to buy now requires looking into some smaller, riskier, unloved or undiscovered parts of the market. Some of these companies are great ideas because they're too small and too risky to attract the interest of most mutual funds and professional money managers. Others have been beat up by the market due to the pandemic, but are now working to turn around and bounce back. Each of these 10 stock picks all share a common characteristic, a super-low share price of $10.00 or less. Click Here to View These 10 Stocks Matthew Paulson Founder, MarketBeat.

 

 

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